Most listings are in the $10's per square foot per year. The Iowa City submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 4% decline in rent.
In the last 90 days, 1 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,460 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1978 and are Class A.